Excerpt from Bloomberg -- "Well, in the case of the Fed, we're beginning to see the rate normalization starting sometime this fall, but if you look around the world between the DOJ, ECB and other central banks, we're still in totally unconventional monetary policy: zero-policy rates, negative policy rates, quantitative easing, credit easing, forward guidance, and you name it."

Excerpt from Investment Magazine -- "According to Brown, a perfect storm which started in the GFC led to a misunderstanding of the value proposition of hedge funds. Returns in recent years in hedge fund strategies have been poor compared to the market, but he emphasised they are meant to be uncorrelated, and a diversified hedge fund strategy still made sense for intuitional investors. 'People worry about fees, people worry about expenses, but after all that, after they are all accounted for, they remain a value proposition. This was true before the crisis and they remain a value proposition after,' Brown said."

Excerpt from The Wall Street Journal -- "'They certainly are set up to go in September if the labor market keeps improving,' said Kim Schoenholtz, an economics professor at the New York University Stern School of Business. He said more important than the timing of liftoff was the assurance Fed officials have been giving investors that it will raise rates gradually after the first move."

Excerpt from Bloomberg -- "[In] the next quarter, if Twitter shows negative user growth, which we haven't seen across any social media platform that's still around, you could have a chill that could set off an incredible decrease in valuations, not only across social media, but across the market. I think Twitter is about to play a more important role in the markets than people think."

Excerpt from Fox Business -- "The first principal of investment is diversifying your portfolio. You cannot put all your eggs into one basket. … there are a huge amount of investment opportunities around the world. For example, this year Japan and Europe have done much better than the United States…"

Excerpt from Project Syndicate -- "As China’s markets expand – the capitalization of the Shanghai and Shenzhen markets is on the order of $11 trillion – they are increasingly outstripping policymakers’ capacity to manage prices and valuations. The only practical way forward is for the Chinese authorities to focus on regulatory and institutional development, while following through on their commitment to allow markets to play the decisive role in allocating resources."

Excerpt from Australian Banking & Finance -- "'Although the hedge funds' big selling feature was that was that their strategies were uncorrelated with the market, the truth is their risk profile is half that of the S&P500 so hedge fund managers have underperformed.' So systemic risk is not a issue with hedge funds, Brown concluded."

Excerpt from India Education Diary -- "'While we, at NYU Stern, understand the markets and institutions in developed economies to an extent, we need to do much more work to understand more fully the markets and institutions in emerging markets, such as India. The NSE-NYU Stern partnership provides a network of academics interested in studying the Indian financial markets,' said Professor Viral Acharya of NYU Stern."

The National Stock Exchange (NSE), India’s leading stock exchange, and New York University Stern School of Business (NYU Stern), one of the world’s premier research and teaching institutions, began their third annual ‘Indian Financial Markets Conference 2015’ today in Mumbai, India.

Excerpt from Project Syndicate -- "Given that this strategy can be applied to stocks, bonds, currencies, and many other asset classes, smart beta could be the future of asset management. Whether one is investing in normal or abnormal times, applying a scientific, low-cost approach to get a basket with a higher-than-average share of good apples does seem like a sensible approach."

Excerpt from ValueWalk -- "'It is hard to say, based on the results, whether the activist investor is doing anything beneficial for the company or whether the activist investor is just a good stock picker,' says Yakov Amihud, a finance professor at New York University's Stern School of Business."

Excerpt from Marketplace -- "'China is attempting to move from an investment-driven to a consumer-driven economy,' says Robert Whitelaw, professor of finance at NYU's Stern School of Business. 'And it’s not easy to do, because it has been investment-driven for so long.'"

Excerpt from Financial Times -- "Commentary on topical issues is grounded in realpolitik as much as economic analysis. He believes that Greece leaving the euro would be 'catastrophic' for the global economy because of the risk that Russia would extend its influence in the Balkans. 'It will not happen, because the consequences would be too terrible,' says the 57-year-old about Greece reaching an uneasy deal with its creditors to prevent it crashing out of the eurozone."

Excerpt from The Guardian -- "In many countries, key slices of the social safety net are tied to full-time employment with a company or the government. Although the broader socioeconomic effects of the gig economy are as yet unclear, it is clear we must rethink the provision of our safety net, decoupling it from salaried jobs and making it more readily available to independent workers."

Professor Kim Schoenholtz was named as a member of the Financial Research Advisory Committee (FRAC) of the US Treasury’s Office of Financial Research (OFR). The OFR, established as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, created the committee to provide advice, recommendations, analysis, and information on topics including research methodologies, data management, and data standards.

Excerpt from PBS NewsHour -- "We’re sort of in a phase where– the model of providing a few hours at a time, or providing to multiple platforms may, in fact, be the most economically efficient one. ... To me, the humane thing isn’t to make everybody a full-time employee, but to extend the safety net to cover people who have alternative forms of work."

Excerpt from The New York Times -- "Our results revealed a sizable and statistically significant negative relationship between the two: The more powerful people perceived themselves to be in their everyday lives, the less frequently they reported feeling lonely."

Excerpt from Yahoo! Finance -- "'Whether China grows GDP at 5% or 7% and hits a rough patch or dodges a recession, there are several hundred million people on the cusp of entering the middle class,' he says. Apple products sell well even in tougher economic times, Foudy adds. 'Spending on phones, it's just not like cars, consumer durables [or] things like vacations, which tend to rise and fall with the business cycle,' he says. 'Combine this with a Chinese preference for products that can serve as public signals of success and Apple is well positioned there for future growth.'"

Excerpt from HBS Working Knowledge -- "When faced with a decision on how to allocate resources between themselves and others, some people are 'pro-social,' meaning they are likely to value more equal distributions of resources, while others are 'pro-self,' meaning they try and maximize value for themselves. ... Santana explores these questions in a new working paper, Because We're Partners: How Social Values and Relationship Norms Influence Consumer Payments in Pay-What-You-Want Contexts, written with Vicki G. Morwitz, the Harvey Golub Professor of Business Leadership and Professor of Marketing at New York University's Stern School of Business."

Excerpt from Mashable -- "'It's one thing to put infrastructure together, it's another thing to get enough ventures around you where it suddenly starts to look like the place to go as opposed to someone having to be the pioneer to go,' says Jeffrey Carr, a business professor at New York University who focuses on entrepreneurship issues. 'There just is a huge hurdle for this kind of thing to work.'"

Excerpt from Bloomberg -- "'Because Uber is a brash, hot, growing company, they can often be a focal point for a polarized discussion,' said Arun Sundararajan, a professor at New York University’s Stern School of Business. 'It’s easy to be pro- or anti-Uber.'"

Excerpt from TheStreet.com -- "...Cook has made the company more attractive for shareholders by exploiting gaps in Apple's current offerings rather than leapfrogging ahead by introducing new products, said Scott Galloway, a professor of marketing at New York University's Stern School of Business."

Excerpt from The New York Times -- "For society more broadly, Thomas Philippon, a professor at New York University who has studied the economics of the financial industry, said that Wall Street had grown bloated in the three decades before the financial crisis and was shrinking to a size more in keeping with historical norms. 'It’s all for the best,' Mr. Philippon said. 'We had way too many people trading before.'"